Welcome to Grant & Co

Are you...

  • Looking for a pro-active accountant who’ll help you make more profit & pay less tax?
  • Starting out in business & need financial guidance & advice?
  • Struggling with your Self Assessment tax return?

Grant & Co are an independent firm of Chartered Accountants, based in Cheltenham, Gloucestershire.

We offer a comprehensive range of cost-effective accountancy, taxation and financial services to businesses and individuals alike. We work hard to get to know you so that we can deliver personalised, timely advice on how you can improve your personal and business wealth.

Businesses

We invite you to utilise our professional expertise and skills to help you achieve your goals. Think beyond the traditional role of the accountant. We have the knowledge to assist with every stage of the life of your business from company formation and business structuring; to financial and Corporation Tax planning; to outsourcing functions such as bookkeeping, payroll and VAT; through to business succession or selling your business. We aim to actively contribute to your success and you will find our approach modern and constructive.

Individuals

We take time to understand your aims & objectives in order that we can provide the highest quality of advice on Self Assessment, tax planning, Inheritance Tax, estate planning and trusts. Tax can be a complex and confusing subject and you will appreciate the value of having an adviser who will both clarify and optimise your tax position.

To find out more about how we can help you and your business click here for an overview of our services. To find out more about us click here. To access a wealth of information visit our resource centre or view our free factsheets.

Free Tax App from Grant and Co

It’s packed full of some really useful Tax Tables, Calculators and important dates

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FREE initial consultation call 01242 223160 or use the Contact Form.


Services Individuals & businesses

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We have a range of accountancy and support services to suit both businesses and individuals.

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Resources Tools at your fingertips

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Access to really useful resources including: calculators, tax rates and allowances.

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Get in touch free initial consultation

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We would welcome the opportunity to assist you.

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The current hot topic

GDPR what it means for you

On 25 May 2018, the new General Data Protection Regulation (GDPR) will come into force. Information Commissioner’s Office (ICO) guidance confirms that a lack of knowledge will not be deemed an acceptable excuse for not complying with the the new law.

The GDPR replaces the existing Data Protection Act (DPA) 1998, and governs how individuals’ personal data is managed. It applies to all businesses in the EU. Even though the UK will be leaving the EU, it will not affect the commencement of the GDPR, which is set to be placed into UK law post-Brexit.

The GDPR is needed due to developments in internet and cloud technologies. There are now many ways to collect and store personal data. New measures are therefore required to ensure personal data is kept safe, and is only kept for legitimate purposes. All businesses, small and large will be required to comply with the GDPR.

The key principles of the GDPR

There are several key areas that you need to be aware of based on the fundamental principles of the GDPR.

The GDPR places a strong emphasis on accountability and transparency, and holds businesses accountable for safeguarding the collection, usage and storage of a client’s personal data. If you use third party software such as payroll and accounts packages, you will need to ensure these systems are GDPR compliant.

Businesses already compliant with the DPA will need to supply evidence of their compliance with the new GDPR. Businesses are required to identify a lawful basis for processing clients’ personal data: this must be processed fairly and accurately, and be kept in a form which permits the identification of data subjects for no longer than is necessary.

You will need to ensure that your members of staff are aware of the new GDPR rules, and that you provide them with thorough training ahead of the 25 May introduction date.

Ensure you have adequate procedures to prevent data breaches

Finally, businesses are advised to make sure that they have detailed procedures in place to detect, report and investigate a personal data breach. Certain data breaches will need to be reported to the ICO.

Penalties for non-compliance

Failing to prevent a data breach can result in fines of up to 4% of total annual worldwide revenue, or up to €20 million, whichever is the greater.

Further guidance in relation to complying with the GDPR requirements can be found on the ICO website.